MARCUS & MILLICHAP INC

Ticker: MMI CUSIP: 566324109 Class: Common Stock

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

Note: Option positions (PUT/CALL) are excluded.

Q2 2016

Shares 242,003 Value ($000) $6,149 Avg Close $23.34 Range $21.85 - $25.67

Q1 2016

Shares 276,514 Value ($000) $7,021 Avg Close $21.69 Range $17.38 - $26.24

Q4 2015

Shares 314,548 Value ($000) $9,166 Avg Close $34.48 Range $26.27 - $46.26

Q3 2015

Shares 259,088 Value ($000) $11,915 Avg Close $43.37 Range $37.58 - $49.92

Q2 2015

Shares 212,012 Value ($000) $9,782 Avg Close $39.49 Range $32.49 - $46.18

Q1 2015

Shares 211,287 Value ($000) $8,228 Avg Close $33.05 Range $28.60 - $36.96

Q4 2014

Shares 182,736 Value ($000) $6,076 Avg Close $28.48 Range $23.29 - $31.48

Q3 2014

Shares 18,140 Value ($000) $549 Avg Close $24.74 Range $20.64 - $28.99

Q2 2014

Shares 18,140 Value ($000) $463 Avg Close $18.32 Range $14.45 - $24.66

Q1 2014

Shares 18,140 Value ($000) $324 Avg Close $14.92 Range $12.55 - $17.14

Q4 2013

Shares 18,140 Value ($000) $288 Avg Close $13.09 Range $12.12 - $14.53

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	242,003	$6,149	$23.34	$21.85 - $25.67
Q1 2016	276,514	$7,021	$21.69	$17.38 - $26.24
Q4 2015	314,548	$9,166	$34.48	$26.27 - $46.26
Q3 2015	259,088	$11,915	$43.37	$37.58 - $49.92
Q2 2015	212,012	$9,782	$39.49	$32.49 - $46.18
Q1 2015	211,287	$8,228	$33.05	$28.60 - $36.96
Q4 2014	182,736	$6,076	$28.48	$23.29 - $31.48
Q3 2014	18,140	$549	$24.74	$20.64 - $28.99
Q2 2014	18,140	$463	$18.32	$14.45 - $24.66
Q1 2014	18,140	$324	$14.92	$12.55 - $17.14
Q4 2013	18,140	$288	$13.09	$12.12 - $14.53